FUEL prices went up Tuesday for the second straight week., This news data comes from:http://gyglfs.com
Pump prices increase for 2nd straight week
The per-liter price of gasoline increased by 70 centavos, diesel by P1, and kerosene by 70 centavos.
The increase was attributed by sources in the local oil industry to oil-related global developments, specifically concerns of supply disruptions after Russia and Ukraine intensified their attacks on each other’s energy infrastructure, the possible impact on supply flows and global economy of the new US tariffs on India, signals from US Federal Reserve of an interest rate cut, and a large drawdown in US crude and fuel inventories.
Last week, pump prices of gasoline went up by 70 centavos, diesel by 50 centavos, and kerosene by 30 centavos.
Since January, the price of gasoline has risen by P12.80 per liter, diesel by P13.35 per liter, and kerosene by P2.75 per liter.
- DPWH engineer denies role in Bulacan flood control ‘ghost projects’
- DPWH Secretary Dizon orders perpetual ban of Wawao Builders, Syms Construction for ghost projects
- Australia's mushroom murderer faces victims' family in court
- Marcos mum on Magalong joining independent commission for DPWH probe
- Thai opposition's kingmaking summit fails to back new PM
- Thailand set for vote on new PM after dissolution bid rejected
- Cebu Pacific to launch direct flights between Cebu and Palawan
- Indonesia turns down ear-splitting 'haram' street parties
- DPWH told to build evacuation centers
- LPA off Leyte has low chance of becoming cyclone within 24 hours —Pagasa
